The very best variant for those who are long on this pair is practically immediate start higher from current levels (1.2760-1.2770) to 1.2815-25, where 4H 100MA, 1H and 15min resistance trendlines meet.

UPDATE> As EURUSD continued sliding down during the European session and posted low of 1.2724, the most important level to watch now is hourly 100MA @1.2728. If we get this hour closed above it, buying euro remains intact. If we close 1H/4H lower, then we should consider another trading scenario.